LBS Market in the US in the Healthcare Industry 2015-2019

LBS Market in the US in the Healthcare Industry 2015-2019

About LBS Market in the US in the Healthcare industry

LBS are used to track the location of users within a wireless network with the help of location-enabled mobile devices. LBS use GIS technology and the internet to track the location of users. User-initiated LBS require an internet connection to obtain the user's location and provide search results. LBS work on Wi-Fi and RTLS technology to track indoor locations, and are used in hospitals for indoor navigation, location-based messaging, asset management, staff tracking and location analytics. Hospitals are using LBS to enhance employee productivity and work efficiency.

TechNavio's analysts forecast the LBS Market in Healthcare Industry in US to grow at a CAGR of 33.61percent over the period 2015-2019.

Covered in this Report

TheLBS Market in the US in the Healthcare industry can be segmented on the basis of usage, technology, and application. On the basis of usage, it is divided into two segments: Indoor LBS and Outdoor LBS. On the basis of technology, it is divided into: RTLS and GPS/AGPS. On the basis of RTLS technology, the LBS Market in Healthcare in US is divided into: RFID, Wi-Fi, and UWB. On the basis of application, the market is divided into: Asset Management, Patient Management, Staff Management, and Others.

TechNavio's report, the LBS Market in Healthcare Industry in US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers LBS Market in the US in the Healthcare industry landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

• AeroScout (Stanley Healthcare Solutions)
• Awarepoint
• Ekahau
• GE Healthcare
• Hewlett-Packard Enterprise Services
• Zebra Technologies

Other Leading Vendors

• Aerohive Networks
• Cisco Networks
• Elpas (Visonic Technologies)
• IBM
• Infor Global
• Intelligent Insites
• Navizon
• Plus Location Systems
• Sonitor Technologies
• Tagsense
• Teletracking Technologies
• Trimble Navigation

Market Driver

• Use of RTLS Solutions to Improve Efficiency and Reduce Costs
• For a full, detailed list, view our report

Market Challenge

• Privacy and Security Issues
• For a full, detailed list, view our report

Market Trend

• Use of Wearable Devices for RPM
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Press Release

TechNavio Announces the Publication of its Research Report – LBS Market in US in Healthcare Industry 2015-2019

TechNavio recognizes the following companies as the key players in the LBS Market in US in Healthcare Industry: AeroScout Inc. (Stanley Healthcare Solutions), Awarepoint Corp., Ekahau Inc., GE Healthcare, Hewlett-Packard Enterprise Services LLC (HP) and Zebra Technologies Corp.

Other Prominent Vendors in the market are: Aerohive Networks, Cisco Networks, Elpas (Visonic Technologies), IBM, Infor, Intelligent InSites, Navizon, PLUS Location Systems, Sonitor Technologies, TagSense, TeleTracking Technologies and Trimble Navigation.

Commenting on the report, an analyst from TechNavio’s team said: “One key trend emerging in the market is the use of wearable devices for real-time performance monitoring. RPM helps both patients and doctors increase the efficiency of hospitals. It also helps in cost cutting by reducing travel time and hospital visits for both patients and staff. Wearable devices such as activity trackers, smartwatches, health monitors, and pedometers are used to track the activities of doctors, staff, and patients.”

According to the report, one of the major factors driving the market is the use of time real-time location system solutions to improve efficiency and reduce cost. Hospitals in the US are implementing RTLS solutions to improve efficiency and reduce cost. Healthcare organizations use RTLS solutions for asset management to locate equipment such as hospital beds, wheelchairs, ventilators, oxygen cylinders, and infusion pumps.

Further, the report states that privacy and security have become major concerns for hospitals because the medical information of a patient is highly confidential. LBS healthcare applications provide the exact location of a patient in a hospital and information about a patient's condition.

Companies Mentioned

AeroScout (Stanley Healthcare Solutions), Awarepoint , Ekahau , GE Healthcare, Hewlett-Packard Enterprise Services , Zebra Technologies, Aerohive Networks, Cisco Networks, Elpas (Visonic Technologies), IBM, Infor Global, Intelligent Insites, Navizon, PlusLocation Systems, Sonitor Technologies, Tagsense, Teletracking Technologies, Trimble Navigation